1887-P VAM-12 Doubled LIBERTY, Alligator Eye

Discovered by George Mallis, July 1964. Revised 2001.

This coin is a Top 100 Morgan VAM

12(revised) III212 • C3a (Doubled LIBERTY, Alligator Eye) (190) I-3 R-3
Obverse III212– Front of eye doubled, LIBERTY slightly doubled on right side and ear slightly doubled on right inside. First three stars on right and all left stars and PLURIB slightly doubled towards rim.

Comments:
1- 1887 VAM-12 Alligator Eye. This VAM is extremely popular, mostly because of the interesting and memorable name, "Alligator Eye" Nicknamed because of the doubled front edge of Liberty's eye looks like that of an alligator. There is also doubling on the top and right edge of some letters in PLURIBUS. On the reverse of this VAM, there is evidence of a die clash. Several other 1887 dies are clashed so this is not a unique pick up point, but it may be useful to triage a roll of coins. Note that this coin is available in high grades. It is also one of the most available Top 100 coins and is considered a "gateway coin" luring collectors into the VAM specialty because of its name, availability and popularity. If you purchase one (as opposed to cherrypick), make sure you buy a nice high grade example and keep the premium paid to a minimum.

LVA Plate Photos:
1887-P_VAM_12_Alligator_Eye.jpg1887-P_VAM_12_Dbld_LIBERTY.jpg

Additional photos:
1887_vam12_obv.jpg
Photo below of date position.
JERICHO785_1887-P_VAM-12_6_FEB_2010_DATE_POSITION.JPG

Large Full Coin Copyrighted© VAM-12 Images on loan to VAMworld courtesy ©Heritage Auctions The-Scott-Hamilton.jpg
1887_RonH_VAM-12_OBV_05092011.jpg
1887_RonH_VAM-12_REV_05092011.jpg
From Heritage's auction archives another here here here


Price History:
Heritage Auction Archive 2013
1887-P VAM-12 NGC MS65 $172.49 eBay Feb-09-2007
1887-P VAM-12 NGC MS64 $79.88 eBay Feb-08-2007
1887-P VAM-12 NGC MS63 $43.45 eBay Feb-06-2007
1887-P VAM-12 PCGS MS67 $1500.00 eBay Sept-13-2009
1887-P VAM-12 PCGS MS63 $91.00 eBay Nov-25-2010

Condition Census:
PCGS 12+12A
TPG
Variety
Designation
Total
1-3
4-6
8-10
12-15
20-35
40-45
50
53
55
58
60
61
62
63
64
65
66
67
68
69
70
PCGS
VAM-12
MS
528
0
0
0
0
0
4
0
1
1
4
2
9
60
159
185
87
13
2
0
0
0
ANACS
VAM-12
MS
1342
0
0
0
0
0
5
5
0
17
31
52
94
289
394
314
117
4
0
0
0
0
SEGS
VAM-
MS

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
ICG
VAM-
MS

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
VSS
VAM-
MS

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
PCI
VAM-
MS

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
NGC
VAM-12
MS
2230
0
0
0
0
0
0
1
0
1
15
8
51
170
628
908
384
6
8
0
0
0


Total
4100
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